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Ministers Weigh Cap on £70 Private Parking Debt Fees After Report Finds 63% Margins

Government analysis points to market failure, prompting a push for a binding code to rein in private parking enforcement.

Overview

  • Official MHCLG figures indicate debt recovery firms make roughly 63% profit margins from chasing unpaid private parking charges.
  • Ministers say the current £70 add‑on looks unjustified, with MHCLG modelling suggesting a sustainable fee of about £26 per case.
  • The Government has consulted on a Private Parking Code of Practice and says a response on debt recovery fees will be published soon.
  • The British Parking Association rejects the profit analysis and has asked the Government to publish its methodology.
  • RAC Foundation data show 4.3 million private tickets were issued between April and June as more than 180 firms buy DVLA keeper records.